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Monica Jha 5 years ago

An economy is an area of the production, distribution and trade, as well as consumption of goods and services by different agents.
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Arsh Sandhu 5 years ago

(i) Simplicity (ii) Certainty (iii) Based on all values. (iv) Algebraic treatment possible. (v) Basis of comparison (vi) Accuracy test possible. (vii) No scope for estimated value.
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Nishtha ?? 5 years ago

Any place where the producers and consumers come together to exchange things (goods & money) is called a market. It need not necessarily be a physical place.
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Nishtha ?? 5 years ago

Data are tools, which help in conducting statistical enquiry. Data may be collected from primary and secondary sources.
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Jaat King 5 years ago

Where is the series
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Sia ? 4 years, 10 months ago

A two-way table of counts organizes data about two categorical variables. Values of the row variable label the rows that run across the table, and values of the column variable label the columns that run down the table. punineep and 20 more users found this answer helpful.

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Marginal Product, Average Product, Total Product
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Rajal Bhatt 5 years ago

There is many factor that cause increase in supply: Increase in supply cause rightward shift in supply curve for ref. see below given diagram : Seller increases supply of good , whenever the cost of production falls Image Source:Supply, Demand, and the Market Process 1.Fall in the price inputs :Supply of commodity directly effects by the prices of inputs. There is negative relation between them. falling in the price of inputs leads to the falling in the cost of production which further leads to increase in the production(Supply) 2.Price of Other good: If there is any increase in the price of other good then supply of given good will fall . For example if seller selling two goods Momos and spring roll. and there is increase in the price of spring roll,It’s means spring roll is more profitable for seller then selling momos and in the effect of this seller will shifts factor of production from momos to spring roll and supply of our given good(Momos) will fall. 3.Taxation and Subsidy: If Govt provide any kind of subsidy to seller in the process of production then it will reduce the cost and supplier will produce more goods. 4.Technology Advancement : if Any upgradation in technology effect production process and increase productivity then supply will automatically increase. Most of the times technology upgradation decreases cost of production and increase the supply of good. 5.Price of own good : In laymen’s term if price of goods increase then their supply will also increase along with it means there is positive relation between price and good supplied.
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Vanshika Sharma 5 years ago

No it's not coming in 20-21 session
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Vanshika Sharma 5 years ago

Mentioned in tr jain reference book.... You can understand from there properly
  • 2 answers

Vanshika Sharma 5 years ago

It's not coming

Anchal Bharti 5 years ago

PPC is not there in syllabus this year!
  • 5 answers

Ngunley Wangsa 5 years ago

The slope of the demand is downward .

Deepanshu Jha 5 years ago

Downward sloping
NEGATIVE OR DOWNWARD SLOPING

Raushan Rai 5 years ago

Downward sloping

Shruti Gupta 5 years ago

Negative sloping
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Deepanshu Jha 5 years ago

Economy refer to a system which provide people to work and earn a living where as the economic is a social science in which a how a way society can choose the commodity which have alternative use having limited resources to produce good and services and distribute among the group of people

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